FINANCE

Former Safeway manager charged with wire fraud

BY CSA STAFF

A former purchasing manager for Safeway was charged with two counts of wire fraud on Wednesday in Sacramento, Calif., in the ongoing federal investigation of illegal actions in the tomato processing industry, according to the Sacramento Business Journal.

Michael Chavez pleaded guilty to the charges and is expected to appear in federal court in Sacramento in the coming weeks.

Chavez worked as a manager in sourcing for Safeway between 2000 and 2007, and he has admitted that during that time he accepted bribes from Randall Lee Rahal, a sales broker and director of SK Foods LP, a tomato processing company, to steer contracts to SK Foods.

The federal investigation surrounding practices in the tomato processing industry over the past two years has found buyers who took bribes, executives who shipped poor quality product as good product, executives who embezzled funds, numerous examples of people who conspired to rig bids and instances of racketeering, the report said.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Apple App Store continues to dominate market

BY CSA STAFF

CUPERTINO, Calif. Apple announced that more than three billion apps have been downloaded from its App Store by iPhone and iPod touch users worldwide.

“Three billion applications downloaded in less than 18 months–this is like nothing we’ve ever seen before,” said Steve Jobs, Apple’s CEO. “The revolutionary App Store offers iPhone and iPod touch users an experience unlike anything else available on other mobile devices, and we see no signs of the competition catching up anytime soon.”

iPhone and iPod touch customers in 77 countries worldwide can choose from a range of apps in 20 categories, including games, business, news, sports, health, reference and travel.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
News

Disney to open in Times Square

BY CSA STAFF

PASADENA, Calif. Disney Store announced that it will set up shop in New York’s Times Square with a state-of-the-art, interactive retail destination set to open in fall 2010.

According to the company, Disney Store will incorporate technologically advanced displays including an interactive Disney Princess castle to serve as one of many magical centerpieces at the new Times Square location. The store will also include an all-new children’s theater will feature the latest Disney entertainment and classic animation.

“Bringing Disney Store to the center of Times Square is a monumental achievement, and we have created a retail experience that complements the energy and innovation that Times Square inspires,” said Jim Fielding, president of Disney Stores Worldwide. “We’re focused on reinvigorating retail and providing a unique shopping destination to millions of families from all over the world who travel to New York for a magical experience.”

“Disney’s bold move to restore 42nd Street’s greatest landmark theater in the 1990s was the turning point in Times Square’s recent history. We are thrilled that Disney is bringing its creative energies yet again to Times Square with this new Disney Store. An iconic brand is coming again to America’s most iconic place,” said Tim Tompkins, president of Times Square Alliance.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...